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ThreeD Capital (XCNQ:IDK) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is ThreeD Capital Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


ThreeD Capital Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for ThreeD Capital's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ThreeD Capital Cyclically Adjusted Price-to-FCF Chart

ThreeD Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Price-to-FCF
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ThreeD Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of ThreeD Capital's Cyclically Adjusted Price-to-FCF

For the Asset Management subindustry, ThreeD Capital's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ThreeD Capital's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ThreeD Capital's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ThreeD Capital's Cyclically Adjusted Price-to-FCF falls into.



ThreeD Capital Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

ThreeD Capital's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ThreeD Capital's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.007/126.2576*126.2576
=0.007

Current CPI (Mar. 2024) = 126.2576.

ThreeD Capital Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.582 99.473 -0.739
201409 0.452 99.394 0.574
201412 -1.198 98.367 -1.538
201503 -0.876 99.789 -1.108
201506 1.435 100.500 1.803
201509 -2.323 100.421 -2.921
201512 0.015 99.947 0.019
201603 -0.057 101.054 -0.071
201606 -0.205 102.002 -0.254
201609 -0.381 101.765 -0.473
201612 -0.345 101.449 -0.429
201703 -0.325 102.634 -0.400
201706 -0.153 103.029 -0.187
201709 -0.072 103.345 -0.088
201712 -0.385 103.345 -0.470
201803 -0.441 105.004 -0.530
201806 -0.221 105.557 -0.264
201809 -0.127 105.636 -0.152
201812 -0.095 105.399 -0.114
201903 -0.040 106.979 -0.047
201906 -0.119 107.690 -0.140
201909 -0.025 107.611 -0.029
201912 -0.025 107.769 -0.029
202003 -0.037 107.927 -0.043
202006 0.010 108.401 0.012
202009 -0.004 108.164 -0.005
202012 -0.030 108.559 -0.035
202103 -0.057 110.298 -0.065
202106 -0.002 111.720 -0.002
202109 0.023 112.905 0.026
202112 -0.004 113.774 -0.004
202203 0.019 117.646 0.020
202206 -0.006 120.806 -0.006
202209 -0.007 120.648 -0.007
202212 0.001 120.964 0.001
202303 0.004 122.702 0.004
202306 -0.010 124.203 -0.010
202309 -0.009 125.230 -0.009
202312 0.003 125.072 0.003
202403 0.007 126.258 0.007

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


ThreeD Capital  (XCNQ:IDK) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


ThreeD Capital Cyclically Adjusted Price-to-FCF Related Terms

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ThreeD Capital (XCNQ:IDK) Business Description

Traded in Other Exchanges
Address
130 Spadina Avenue, Suite 401, Toronto, ON, CAN, M5V 2L4
ThreeD Capital Inc is a Canada-based venture capital firm. Principally, the company's operations relate to investing. It is focused on investments in companies in the junior resources, technology, and biotechnology markets.
Executives
Sheldon Inwentash Director, Director or Senior Officer of 10% Security Holder, Senior Officer

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